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Sino-Ocean Group Holding ( (HK:3377) ) just unveiled an announcement.
Sino-Ocean Group Holding Limited has provided an update on its efforts to address a going-concern disclaimer in its 2024 annual report, detailing additional measures taken since October 2025 to improve liquidity and strengthen its financial position. The group has advanced an onshore debt restructuring plan for certain corporate bonds and interbank debt instruments, with bondholders approving restructuring resolutions that include options such as cash repurchase, equity economic income rights and debt settlement using proceeds from residential and commercial projects, allowing the previously suspended onshore bonds to resume trading in Shanghai. In parallel, the company is continuing initiatives to renew borrowings, seek new financing and asset disposals, resolve outstanding litigation, stabilize relationships with contractors and suppliers, accelerate property sales and collections, and tighten cost controls, signaling an ongoing attempt to navigate financial stress, support project completion and mitigate risks for creditors, investors and other stakeholders amid a challenging funding environment for Chinese developers.
The most recent analyst rating on (HK:3377) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Sino-Ocean Group Holding stock, see the HK:3377 Stock Forecast page.
More about Sino-Ocean Group Holding
Sino-Ocean Group Holding Limited is a Hong Kong-incorporated property developer and investment group operating mainly in mainland China, focusing on residential and commercial real estate projects. The group’s activities span property development, project construction and related financing, with liquidity management and access to onshore and offshore capital markets being critical to its operations and stakeholder confidence.
Average Trading Volume: 42,482,407
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.11B
For an in-depth examination of 3377 stock, go to TipRanks’ Overview page.